Changing the Way You Shop

young woman shoppingIt is possible to save money on items that are essential and on those that are not. What gets many people into trouble is impulse buying, even with necessary things like groceries. Changing the way you shop and how you look at shopping in general can prevent you from making expensive mistakes.

Let’s start with food shopping. We’ve all been there – wandering up and down the grocery store aisles, no list, no ideas, unhappy, hungry kids in tow. In times like these, it is practically a guarantee than you’ll make unwise purchases and spend way too much money. When it comes to grocery shopping, it’s best to shop once a week, or even better, every two weeks. To pull this off, careful planning is required. Ideally, you’d want to find out which items are on sale that week, plan your menus, and write out a grocery list. Planning meals, cooking at home, and incorporating leftovers into the menu are all ways to save hundreds each month on food costs.

If this sounds like a daunting task, don’t despair. These are loads of resources on the subject, including books with tear out shopping lists, calendar pages of menus, and of course tablet and smart phone apps. Using the grocery store’s reward program and signing up for online notices about sales and special deals are also ways to save. Other ideas are to shop sales at discount stores for generic and every day staples, like napkins, cereal, and pet food. Finally, stocking up on fresh local produce at the farmer’s market is another example.

If you have ever shrugged your shoulders & thought, “When the going gets tough, the tough go shopping”…hold on right there! As part of changing your approach to shopping, thoughts like that must be banished from your consciousness. You can’t buy happiness, so don’t even try. In fact, avoiding stores all together is the best way to put an end to impulsive spending.

Understanding what triggers reckless shopping sprees can help put an end to pointless spending. Whether it’s on items for the home or clothing, unplanned purchases are usually the result of dissatisfaction. Perhaps you just read about some new home décor trends or thumbed through a fashion magazine at the doctor’s office? Now, suddenly everything you have is awful and must be replaced. Here are a few strategies to consider before going off the deep end into debt:

-Reevaluate what you have. Regardless of the item, ask yourself if it can be repainted, recovered, or altered in some way that will make it better? For example, could a little paint, new hardware, buttons, trim, or a shorter hemline make it work?

-Can you live with it for now until you find a replacement on sale?

-Have you looked for these things in alternative outlets to retail stores such as thrift and consignment shops? How about Craigslist and eBay? If you feel uncomfortable looking for the item used, just think – it’s new to you and you could save a bundle.

-Resist the temptation to make a purchase; instead think about it for one week and then see if the desire is as overwhelming as it was 7 days ago.

-Mull over other ways to spend the money instead of on the thing in question. Are there overdue bills that should be paid or are you saving up for a vacation or other big-ticket item?

-Another consideration is what kind of staying power the object in question has. Is it something that is well made and will last and be useful for years to come? Will this purchase be sustainable or wasteful?

-Finally, approach buying like a game: the only way to win is to avoid impulsive purchases and save instead of spend!

Save Money By Eating In Season

I try to create a diet for my family and myself that is full of a wide selection of fruits and vegetables, but sometimes it can be shocking to see that certain produce costs more per pound than chicken or beef. One way to stock up on fresh fruits and veggies on a budget is to shop for what’s in season. The price of corn on the cob or blueberries can double, triple, or more in the winter when compared to the summer months when they are plentiful.

Wondering when to look for which ingredients? Check out the Seasonal Ingredient Map at one of my favorite food related websites, epicurious.com. With one click you can find out what is currently fresh near you. Plan ahead by checking out what’s in peak season in other months.

If you generally make a meal plan before heading to the store knowing what’s in season can help you keep lower priced items on your list. Should you get to the store and realize an element of one of your planned meals is out of season and dreadfully expensive try to be flexible and get creative. Try your recipes with different types of produce – substitute green beans for broccoli, apples for pears, or peaches for mango.

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When The Ends Just Don’t Meet

As I was comparing prices of different meat prices at the grocery store on Sunday it got me thinking about how many people just can’t go to the store and buy everything they need to feed themselves and their families. That led me to thinking about what I would do if I truly couldn’t make ends meet, and being frugal wasn’t just an effort to save more, prepare for the future, and live simply, but was an everyday necessity.

#1 – Stop Spending
It’s pretty incredible how drastically many of us can cut our budgets if we really needed to. I could eat from the pantry, stop buying things, and find the cheapest food. Cable, expensive call phone plans, and other luxuries would have to go. And that wouldn’t mean sitting at home all the time to avoid spending money  - there are lots of free community events, the park, the beach, hiking, etc – all which are completely free. Picnics could replace eating out, and I could dig out the ice cream maker to replace our favorite treat – going to the local frozen yogurt bar. (I should do this – my daughter would love it!)

#2 Housing
Making a change in housing is a huge life change, but unless a financial rough spot is clearly short term I think it’s important not to wait too long before examining this option. Since I own my home possibilities would include talking to the mortgage lender about a loan modification or selling the house. If I owed more than the property is worth there’s HARP (at least until December 2013) – the Home Affordable Refinance Act, which allows homeowners to refinance even when “underwater.” If I was renting things would be even simpler, and a good option could be to look for a less expensive place. It could involve breaking a lease, but with the strong rental market my guess is many landlords and property management companies would be fairly understanding in the case of a true financial emergency.

#3 Income
Would I look for a second job? When I worked for a company with a lot of commissioned sales people I often saw people who were underperforming take on a second, generally low paying, job. It never ended well. Trying to fit in both jobs usually meant their sales were even lower at their primary job, and they were exhausted and even more stressed than before. I think I would instead focus all available energy into being successful in my current job (assuming I was employed) or on finding one position that would allow me to make ends meet.

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Study Says Shopping at Wholesale Clubs Can Save You 30 Percent

Grocery cartsAs I drove to work this morning I was able to catch a few minutes of the Marketplace Morning Report on my local public radio station (after I had dropped off my daughter and was able to switch off The Lorax soundtrack she’s insisted on having on repeat the past few weeks,) and heard David Lazarus interviewed about whether shopping at wholesale clubs (ex: Costco, Sam’s Club, BJ’s) really saves you money.

I am a big fan of Costco and buying in bulk, but I have never really found that I save a lot of money by shopping there. There are certain items I know I can get much cheaper when compared to the prices at the regular grocery stores near me. A few of our favorite items we know we save big on are boxes of chicken stock, flat bread, hummus, artisan bread, bagels, and sparkling water. With other items the difference isn’t so big – I find that beef, chicken, and seafood isn’t generally that much cheaper, and is often more expensive than those items on special at the grocery store.

I was surprised to hear in the story that a recent study found the grocery savings are pretty big on average, “it’s about 30 percent less than your typical big supermarket.” Wow! I tried to find the details of the study but couldn’t put my fingers on it. I have to imagine that they calculated the savings based on buying the same brands available at the warehouse. For example if the warehouse store carries a certain name brand of paper towels the savings might be 30% over that same brand at the grocery store, but when shopping at the grocery store you could also choose to buy the generic paper towels which might be the same or even less than the warehouse price.

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Healthy Cooking on a Budget?

healthy ingredientsOn this topic I seem to have more questions than answers. I want to feed my family food that is as healthy as possible. I try to make healthy choices as much as I can (though I totally fell off the wagon yesterday and brought home take out burgers!), cook at home, and use ingredients that are natural, organic when it’s available, and free of chemicals, pesticides, and other junk. I’m working on cutting way back on sugar, meat, and gluten, and incorporating a lot more fresh produce into my cooking.

I have been inspired lately by a couple of great healthy eating blogs – Elena’s Pantry and My New Roots. They are both filled with delicious recipes, great information, and gorgeous photos that will make even the most devoted junk food fan crave quinoa and veggies.

My big dilemma is this – the healthy ingredients can be so expensive! We are really lucky to be able to find so many options in the grocery stores these days, from cashew and almond butters to flaxseed and coconut oils to almond and rice flour – but you will pay more for these products than the old standbys. I am thinking that cutting back on meat which is also pricey will make room in the grocery budget for some of these alternative ingredients, and that cooking more from scratch rather than buying prepared foods (where exactly do I think I’ll be finding time for this??) will offset the cost as well.

I have always believed that a healthy lifestyle is a smart economic choice as you’re likely to save big on medical costs over the long haul. Instilling healthy eating habits in my daughter at a young age is also something I see as a wonderful investment in her future.

I’d love to know if you have any ideas for eating healthy on a budget? Are there some foods that are worth the extra costs to you?

 

3 Ways To Manage Your Grocery List

Grocery cartsWhen I head to the store armed with a grocery list I tend to buy less junk and end up with things that can turn into actual healthy meals for my family. This means there are fewer quick trips to the store for “just a few things for dinner” and I find a spend less overall. A final bonus, if I have a plan for dinner and everything I need to make it at home I am much less likely to grab takeout.

So – how to tackle making the grocery list? Here are a few methods ranging – whether you prefer super simple or a little more high tech hopefully one of these will work for you.

Keep a running list in the kitchen.
About as simple as it gets – whenever you use the last of something (or next to the last) add it to the list. This works well if you tend to use the same ingredients consistently. Grab the list once a week (or however you go shopping) and you’ll know just what to stock up on.

Make a meal plan.
Once a week sit down and come up with a plan for meals for the week. Make use of frozen and canned items such as meat, seafood, fruits, veggies, and breads and you could even plan just once a month. (Or do a combination – go on a big grocery shopping trip once a month for non-perishable items and then make a smaller run for produce, bread, and other fresh items once a week.) Browse through new recipes with a stack of cookbooks, the latest cooking magazines, or online, or stick with your old favorites and decide on what to make each night of the week. Factor in a night or two for leftovers if you think you’ll have them, then make a list of the ingredients you’ll need for each recipe. Check the fridge, freezer, and pantry for items you already have. Try to plan your meals to make good use of the foods you’ll be buying. If one recipe calls for 1/2 a can of tomatoes try to find another that will use the rest. Check out this post for ideas.

Track the list on your smartphone.
Add items from anywhere – in the kitchen when you realize you’re out of flour, at work when a collegue recommends a great new product, or in the waiting room at the dentist when you come across a yummy looking recipe in a magazine (include the source so you can look it up later.) Take it a step further by using one of the Grocery List Apps such as Out of Milk or Our Groceries. Each is a little different from the others (and there are countless additional choices out there) but the idea is that you can share and sync the list between multiple family members so whoever makes the grocery run knows exactly what everyone needs.

Have any other grocery list tips? Please share them in the comments!

 

How To Save At Harris Teeter Grocery Stores

Family gathered outside for a picnicOverview: Harris Teeter is a chain of grocery stores located in the Southeast (North Carolina, South Carolina, Virginia, Georgia, Tennessee, Florida, Maryland, and Delaware.) It is a fairly high-end store but generous sales, specials, and coupon deals make it possible to shop at Harris Teeter on a budget. If you just head in with your list you’re likely to spend a premium here, but planning ahead and keeping an eye out for deals can lead to significant savings.

How To Save: Sign up for a VIC (“very important customer” – don’t you feel special already?) card either online at www.harristeeter.com or in the store and have it scanned at the register each time you check out to take advantage of special savings. Look for large discounts on meat and poultry, and Buy One Get One Free offers throughout the store. Sometimes you’ll even catch a Buy 2 Get 3 Free deal – great if it’s an item you use regularly.

You can also register your VIC card online in the eVIC program for additional savings. A list of weekly specials and eVIC specials are delivered via email if you provide your address and can help with menu planning before heading to the store. Note: write down exactly what the eVIC promotion is – the brand, size, etc, as there aren’t always signs in the display at the store.

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When to buy generic or store brand products?

Groceries in trunk of car.

Photo by Tim Samoff

Opting for generic, off brand, or store brand products can help you trim a large chunk off your grocery bill, but there are times you end up sacrificing more than you’d like in terms of taste or quality and you decide it’s worth paying a bit more for your favorite brand.

This “10 products you shouldn’t buy generic” slideshow by Kate Shellnut on bundle.com got me thinking on this topic, but I can’t say this list will ring true for everyone. The author mentions items such as ketchup, salsa, and soda among those she thinks generics just can’t cut it when compared to the real thing – but personally I have found a store brand salsa I love (mango habanero, yummm). Taste varies widely by individual, so while you may love a certain generic cracker someone else might find it a poor substitute for a name brand.

My advice is to try out the generic choice for just about anything and see what YOU think. You’re likely to find some that you really enjoy and some that fall a bit short. Chances are none will be so awful that you can’t stick it out until you’ve finished what you purchased, but just in case hang on to your receipt. Many stores offer a money back guarantee on their store brand products. If you want to be super organized make a list of the items you liked and those you didn’t so you don’t keep repeating a failed experiment. [Read more...]

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